There’s no word yet on what the format will be, but reports say that Rose would lead the first hour of the show and King would handle the second hour. Current anchors Erica Hill and Jeff Glor would remain with the program.

This means that current co-host Chris Wragge will leave the show. In a statement, Wragge said “CBS has been my home since 2004 and will be for the foreseeable future in whatever capacity they want. I am loyal and grateful to CBS.”